Fri, Feb 27 2015

LUDWIGSHAFEN, Germany - BASF , the world's largest chemical firm by sales, expects operating profit to stagnate this year due to lower oil prices and the cost of launching an unusually high number of production sites.

LUDWIGSHAFEN, Germany - BASF , the world's largest chemical firm by sales, expects operating profit to stagnate this year due to lower oil prices and the cost of launching an unusually high number of production sites.

PARIS, Feb 27 - European stocks were set to open steady on Friday,
taking a breather from their sharp two-month rally that has propelled regional
indexes to 7-year highs, with BASF in focus after posting
forecast-beating results.
Quarterly operating earnings at the world's largest chemicals company rose a
better-than-expected 2.8 percent, as strong farming pesticides and basic
petrochemicals businesses offset the hit from lower crude prices on its oil and
gas division.
Airbus

OSLO/FRANKFURT, Feb 19 - Norwegian fertiliser
maker Yara and German chemicals firm BASF
will spend $600 million building an ammonia plant in Texas,
taking advantage of cheap shale gas to expand their presence in
the United States, the companies said.

FRANKFURT - German chemicals group BASF SE and Russia's Gazprom have abandoned a gas assets swap deal planned for this year as companies across Europe continue to suffer from growing tensions between Moscow and the West.

NEW YORK - Goldman Sachs Group Inc , Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

NEW YORK - Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.